Press release
Plant-based Meat Market: Global industry to Witness Considerable Growth by 2028
Evolve Business Intelligence
Major drivers impacting the growth of the plant-based meat market
• Increasing awareness about the health benefits offered by plant-based meat over animal meat
• A significant increasing number of people that use vegan products and solutions.
• Various food manufacturers have increased their creativity, investment, and product offerings.
For more information on the report: https://evolvebi.com/product/plant-based-meat-market-analysis-and-global-forecast-2020-2028-with-covid-impact-analysis/
The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the plant-based meat market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
In terms of COVID 19 impact, the plant-based meat market report also includes the following data points:
• COVID19 Impact on plant-based meat market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in the plant-based meat market
Analyst View
According to Lekha, Principal Analyst, Evolve Business Intelligence, “In 2020, the COVID-19 pandemic has become a big disruptor, forcing global focus to turn to meat supply and food security. The conventional meat supply was disrupted due to this pandemic, which is believed to have spread through the wet meat markets. This is expected to increase the demand for plant-based meat during this pandemic”
Competitive Scenario
Some of the major Plant-based Meat players holding high market share include Beyond Meat, Impossible Foods Inc, Vegetarian Foods Inc., and Conagra Inc. These players adopt new product development as a key strategy to gain significant market share to compete with market leaders.
Segmental Analysis
The report's aim is to provide a holistic market overview based on Global Plant-based Meat Market By Source (Soy, Wheat, Pea), By Product (Burger Patties, Sausages, Meatballs, Strips & Nuggets), By Type (Chicken, Beef, Fish, Pork).
Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the plant-based meat market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.
The Key players profiled in the report are:
• Beyond Meat
• Impossible Foods Inc.
• Vegetarian Butcher
• Conagra, Inc.
• Quorn
• Tofurky
• VBites Foods Limited
• S Kraft Foods, Inc.
• Kellogg NA Co. (MorningStar Farms)
• Gooddot
To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/plant-based-meat-market-analysis-and-global-forecast-2020-2028-with-covid-impact-analysis/
Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trade map, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.
Report Objectives
• To define, describe, and forecast the plant-based meat market, in terms of value, segmented on the basis of indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in the plant-based meat market
• To provide an overview of the value chain analysis pertaining to the plant-based meat industry
• To strategically analyze each segment and subsegment with respect to individual overall growth trends and their contribution to the overall plant-based meat market
• To analyze opportunities in the market by identifying high-growth segments of the Plant-based Meat market
• To profile key players in the plant-based meat market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global plant-based meat market
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
NH 48, Balitha, Vapi
Gujarat 396191
India
Email: sales@evolvebi.com
Website: https://evolvebi.com/
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plant-based Meat Market: Global industry to Witness Considerable Growth by 2028 here
News-ID: 2258610 • Views: …
More Releases from Evolve Business Intelligence
Capsules: Encapsulating Opportunity in the Self-Healing Concrete Market
The self-healing concrete market is gaining momentum, driven by the need for durable and sustainable infrastructure. Within this innovative field, the capsule segment stands out as a high-opportunity area, offering a promising approach to automatically repair rifts and extend the lifespan of concrete structures.
Market Dynamics and Growth Drivers
Capsule-based self-healing concrete incorporates micro or macro capsules containing healing agents, such as bacteria, polymers, or mineral precursors, into the concrete mix. When…
Flow and Level Sensors: Navigating High Opportunity in the Marine Sensors Market
The marine sensors market is experiencing significant growth, driven by the increasing demand for enhanced vessel safety, operational efficiency, and environmental monitoring. Among the diverse array of marine sensors, the flow and level sensors segment presents a high-opportunity area, playing a vital role in ensuring optimal vessel performance and preventing critical failures.
Market Dynamics and Growth Drivers
Flow and level sensors provide real-time data on fluid levels and flow rates within various…
Seat Mounts: Anchoring Growth in the Dynamic Marine Seats Market
The marine seats market is driven by the demand for comfort, safety, and durability in various marine applications, from recreational boating to commercial vessels. Within this dynamic sector, the seat mount segment presents a high-opportunity area, playing a crucial role in ensuring secure and adaptable seating solutions for diverse marine environments.
Market Dynamics and Growth Drivers
Seat mounts provide the essential connection between marine seats and the vessel's deck, offering stability, adjustability,…
PE100 Pipes: The High-Pressure Powerhouse Driving Growth in the HDPE Pipes Marke …
The HDPE (High-Density Polyethylene) pipes market is experiencing robust expansion, fueled by its versatility and durability across various applications. Within this thriving sector, the PE100 pipe segment stands out as a high-opportunity area, offering superior performance for high-pressure applications in water, gas, and industrial pipelines.
Market Dynamics and Growth Drivers
PE100 pipes, characterized by their high density and excellent long-term hydrostatic strength, are designed to withstand demanding operating pressures…
More Releases for Meat
Increasing Meat Consumption Fuels Growth Of The Cultivated Meat Market: Strategi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Cultivated Meat Market Size By 2025?
The market size for cultivated meat has seen a speedy expansion in the last few years. Its size is projected to rise from $9.31 billion in 2024 to $10.99 billion in 2025, marking a compound annual growth rate (CAGR)…
Emerging Trends Influencing The Growth Of The Binders and Scaffolders for Meat A …
The Binders and Scaffolders for Meat And Meat Substitutes Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Binders and Scaffolders for Meat And Meat Substitutes Market Size Expected to Be by 2034?
There has been robust growth in the market size of…
Top Factor Driving Cultivated Meat Market Growth in 2025: Increasing Meat Consum …
How Are the key drivers contributing to the expansion of the cultivated meat market?
The surge in meat product consumption is predicted to be a significant catalyst for the expansion of the cultivated meat market. Created either wholly or in part from animal carcass meat or other components, meat products are recognized as food for human consumption. Cultivated meat offers a sustainable way to boost meat consumption by increasing food availability…
Vegan Meat Market is Going to Boom | Beyond Meat, Unilever, Kelloggs
Market Research Forecast published a new research publication on "Vegan Meat Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Vegan Meat market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in…
Malaysia Meat Market Size Is Booming Worldwide | Darabif Meat Company, Meat Fact …
Malaysia meat market is growing at a high CAGR because of the increasing per capita income of the consumers. Moreover, the growing consumption of red meat in Malaysia is driving the growth of the market
A recent study conducted by the strategic consulting and market research firm Report Ocean revealed that the Malaysia meat market was worth USD 2.14 billion in 2020. According to the study, the market is estimated to…
Global Meat Slicers Market, Global Meat Slicers Industry, Covid-19 Impact Global …
Meat slicers can be utilized for more than just meat. With meat slicer can generate perfectly uniform onion slicer, pepper rings and several others. Anything you can cut with a mandoline, you can cut with a meat slicer. It functions high for anything you want to cut ultra-thin-much better than a knife. A meat slicer, also called a slicing machine, deli slicer or simply a slicer, is a tool utilized…
